By The Numbers - Most Commented
Your college major counts more than your school: Study
More evidence that paying a lot for a prestigious college doesn't always make sense -- at least, not financially.
According to a new paper, and reported by the Chronicle of Higher Education, the choice of a college graduate's major is a better measure of early-career wages than which school they attended.
Graduates of big-name, flagship campuses often did not earn more than those who had attended lesser-known, regional ones. In Texas, Colorado and Virginia graduates of two-year degree programs in some technical and science fields earned more, on average, than graduates with four-year degrees. In general, graduates of technology, engineering and mathematics programs earned a bigger paycheck.
The research paper, from the college affordability partnership College Measures, puts together previous reports on the average first-year earnings of graduates, sorted by major, institution and type of degree.
Previously, Marketplace and the Chronicle of Higher Education commissioned a study that looked at what employers and hiring managers really want from college grads, and found in some cases, an internship and job experience were more important than college major.
The numbers for August 30, 2013: Animals
New York subway lines B and Q were shut down for two hours yesterday, in Brooklyn, as transit employees searched for two kittens that scurried down near the third rail. The kittens are now safe.(NY Post)
The going rate for a 10-foot alligator caught during Louisiana's alligator hunting season, which kicked off this week. The cost of a whole alligator could jump 10 percent over last year. (Marketplace)
The number of shares of stock that weren't processed by the Nasdaq on one day in 1987, after a squirrel touched off a power failure in Trumbull, Conn. That left the exchange offline for 82 minutes, and is being remembered this week after Nasdaq said software -- and not a squirrel -- was to blame for last week's outage. (NYT)
The numbers for August 29, 2013: Dollar signs, revealed
A leaked report of American intelligence spending shows a sharp increase in top secret budget requests since 2001, and a growing investment in both defensive and offensive cyber operations. (WP)
Former pro football players and the NFL reached a tentative deal to settle claims over concussion-related brain injuries. The money will go to compensate players and medical research. (ESPN)
The numbers for August 28, 2013: 1963
The list of demands from the original March on Washington, in 1963, included an increase in the minimum wage, to $2 per hour. If you factor in inflation, that works out to a demand for a minimum wage about twice as high as it is currently. (Business Insider)
Black households in 2011 earned 59 percent of what white households earned -- up slightly from 55 percent in 1967, but in actual dollars, the income gap has grown. (Pew Research Center)
The numbers for August 27, 2013: Known unknowns
The 'XX' represents the fact that we actually don't know the date the U.S. Treasury is going to run out of money. But the rhetoric is heating up in Washington over what we're going to do about raising the debt ceiling. (NYT)
If you ask an economist, that's what she'd tell you if you asked how confident the American consumer is. What does that mean? Well, for one thing, that's stronger than last month, and stronger than expected. (Bloomberg)
The numbers for August 26, 2013: That's worth what?
The U.S. Open tennis tournament dubs itself as the biggest annual sporting event in the world, by attendance. Event organizers also say it brings in $200 million more to New York than the Super Bowl. (Marketplace)
A filing in Delaware shows that taxi-alternative and transportation company Uber is valued far higher than most imagined, in part because the company reports it is on track to bring in $125 million in revenue in 2013. (AllThingsD)
A cockroach "prison break" in China reportedly means the insects are on the loose near a village in China. A farmer was raising them to sell for traditional, medicinal purposes. (Discovery News)